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You can do that but it would serve no purpose. If you bought $100k bitcoins on a credit card, now the IRS has a paper trail. They'll want to know where that $10
by hnsmurf 15y ago
You can do that but it would serve no purpose. If you bought $100k bitcoins on a credit card, now the IRS has a paper trail. They'll want to know where that $100k you paid the credit card bill came from.
Even if you got the money in without being traced and spent them that's not laundering, it's tax evasion.
- weavejester 15y agoAh, I misunderstood what was being proposed.